{"id":800518,"date":"2022-06-14T07:01:57","date_gmt":"2022-06-14T05:01:57","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/indus-announces-the-acquisition-of-a-205000-square-foot-portfolio-in-orlando-and-palm-beach\/"},"modified":"2023-07-10T17:34:33","modified_gmt":"2023-07-10T15:34:33","slug":"indus-announces-the-acquisition-of-a-205000-square-foot-portfolio-in-orlando-and-palm-beach","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/indus-announces-the-acquisition-of-a-205000-square-foot-portfolio-in-orlando-and-palm-beach\/","title":{"rendered":"INDUS Announces the Acquisition of a 205,000 Square Foot Portfolio in Orlando and Palm Beach"},"content":{"rendered":"NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (\u201cINDUS\u201d or the \u201cCompany\u201d), a U.S. based industrial\/logistics REIT, announced today that it has closed on the purchase of a fully leased, approximately 205,000 square foot portfolio (the \u201cFlorida Portfolio Acquisition\u201d) located in the Orlando and Palm Beach, Florida markets. The Company used cash on hand to pay the $31.6 million purchase price before transaction costs, which equates to an in-place cash capitalization rate of approximately 4.6%.\n\n\n\nMichael Gamzon, President and Chief Executive Officer of INDUS, commented, \u201cWe are excited to expand our overall holdings in Florida and enter the southern Florida market with this acquisition. The portfolio is compri
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NEW YORK–(BUSINESS WIRE)–INDUS Realty Trust, Inc. (Nasdaq: INDT) (\u201cINDUS\u201d or the \u201cCompany\u201d), a U.S. based industrial\/logistics REIT, announced today that it has closed on the purchase of a fully leased, approximately 205,000 square foot portfolio (the \u201cFlorida Portfolio Acquisition\u201d) located in the Orlando and Palm Beach, Florida markets. The Company used cash on hand to […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-800518","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nINDUS Announces the Acquisition of a 205,000 Square Foot Portfolio in Orlando and Palm Beach - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/indus-announces-the-acquisition-of-a-205000-square-foot-portfolio-in-orlando-and-palm-beach\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INDUS Announces the Acquisition of a 205,000 Square Foot Portfolio in Orlando and Palm Beach - BeBeez\" \/>\n<meta property=\"og:description\" content=\"NEW YORK--(BUSINESS WIRE)--INDUS Realty Trust, Inc. (Nasdaq: INDT) (\u201cINDUS\u201d or the \u201cCompany\u201d), a U.S. based industrial\/logistics REIT, announced today that it has closed on the purchase of a fully leased, approximately 205,000 square foot portfolio (the \u201cFlorida Portfolio Acquisition\u201d) located in the Orlando and Palm Beach, Florida markets. 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